Ahmedabad, 24thMarch 2025:A session on the “Need for Financial Education” was recently conducted at C.C. Sheth College of Commerce, part of the NavGujarat Group of Colleges. The session was coordinated by Dr. R.V. Raval and delivered by Ms. Palak Lotiya, an expert in financial literacy and capital markets. The objective was to equip students with fundamental knowledge of financial planning, investment strategies, and the functioning of financial markets, enabling them to make informed financial decisions.
The session began with Financial Planning and Goal-Based Investment. Ms. Lotiya emphasized the importance of setting financial goals and creating a structured plan to achieve them. She discussed short-term, medium-term, and long-term financial goals and highlighted how disciplined investment practices can help individuals meet these objectives efficiently.
The second session focused on Capital Market and its Structure, providing an overview of the capital market and its significance in the economy. Ms. Lotiya elaborated on the role of capital markets in mobilizing savings and channeling them into productive avenues.
The third session, titled Primary and Secondary Markets, provided a detailed explanation of the functioning of these markets. The distinction between Initial Public Offerings (IPOs) and trading of securities in the secondary market was clarified, with an emphasis on how investors can participate in both markets.
The fourth session, Investing in the Securities Market, introduced students to the basics of investing in securities. Ms. Lotiya explained various types of securities such as equities, bonds, and derivatives, stressing the importance of understanding risk and return while making investment decisions.
The fifth session covered Mutual Funds, explaining the concept in detail, including types of mutual funds, their advantages, and their role in providing diversification and professional fund management.
The sixth and crucial session addressed the Do’s and Don’ts of Investing. Ms. Lotiya highlighted the importance of a disciplined approach to investing, outlining key practices such as conducting thorough research, diversifying investments, and staying invested for the long term. She also warned against common mistakes, including blindly following market trends, investing without understanding the product, and ignoring risk factors.
The final session focused on the Grievance Redressal Mechanism, where Ms. Lotiya informed students about the processes for resolving investor complaints and the regulatory authorities responsible for investor protection.
The session was highly interactive and informative, providing students with valuable insights into the financial world. The session successfully underscored the need for financial education and equipped participants with knowledge that will help them make sound financial decisions in the future.
